TPG Angelo Gordon Slashes Secure Waste Stake in Major Share Sale
TPG Angelo Gordon has sold a significant portion of its shares in Secure Waste Infrastructure Corp., leading to a change in its ownership stake. The sale, announced on October 7, 2025, saw the Selling Shareholders receive $19.81 per share, totaling $376,390,000 in aggregate cash consideration.
Prior to the transaction, TPG Angelo Gordon held approximately 17.50% of Secure's issued and outstanding shares. Following the sale of 19,000,000 common shares, its ownership stake decreased to approximately 8.86%. The sale was subject to certain restrictions, and TPG Angelo Gordon, acting for the AG Funds, retains the option to increase or decrease its beneficial ownership, control, or direction over Secure's shares in the future.
The sale of shares has resulted in a significant reduction in TPG Angelo Gordon's stake in Secure Waste Infrastructure Corp. The Selling Shareholders received a substantial aggregate cash consideration for the transaction. The future control or direction over Secure's shares will depend on any further transactions TPG Angelo Gordon may undertake.
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